Valuation : MACATAWA

Market Cap 51Cr 44Cr 41Cr 38Cr 70Cr 4.85TCr 71Cr 489.01Cr 189Cr 2.47TCr 191.22Cr 187.06Cr 7.82TCr P/E 2022
10.9x
P/E 2023 8.95x
Enterprise Value 8.97Cr 7.72Cr 7.27Cr 6.62Cr 12Cr 853.39Cr 12Cr 86Cr 33Cr 434.76Cr 34Cr 33Cr 1.38TCr EV / Sales 2022
-3.8x
EV / Sales 2023 -0.31x
Free-Float
97.04%
Yield 2022
2.9%
Yield 2023 2.93%
3 years 8.31
Extreme 8.31
15.16
5 years 6.96
Extreme 6.96
15.16
10 years 6.01
Extreme 6.01
15.16
Date Insider Type Main position Quantity % Market Cap. Importance
01/08/24 Issuer sale

Director

1,23,724 0.3601%
01/08/24 Issuer sale

Director

12,702 0.0370%
01/08/24 Issuer sale

Chief Executive Officer

1,50,507 0.4380%
Change 5-day change 1-year change 3-year change Capi.($)
-0.87%-.--%-.--%+62.50% 51Cr
+0.34%-0.42%+19.09%+146.62% 94TCr
+0.45%+0.11%+24.62%+120.98% 44TCr
-0.33%-0.27%+25.42%+100.67% 40TCr
-1.63%+0.26%+58.24%+165.09% 37TCr
+0.31%+0.84%+21.02%+123.78% 33TCr
-0.08%-0.67%+32.51%+119.70% 29TCr
-0.91%-0.80%+43.01%+137.79% 29TCr
+1.94%+0.45%+11.03%+118.71% 27TCr
+1.47%-2.69%+57.19%+189.00% 27TCr
Average -0.10%-0.34%+29.21%+128.48% 35.83TCr
Weighted average by Cap. -0.06%-0.41%+29.90%+136.32%

Financials

2022 2023
Net sales 9.13Cr 7.86Cr 7.4Cr 6.74Cr 13Cr 868.68Cr 13Cr 88Cr 34Cr 442.55Cr 34Cr 34Cr 1.4TCr 11Cr 9.06Cr 8.53Cr 7.78Cr 15Cr 1TCr 15Cr 101.15Cr 39Cr 510.65Cr 40Cr 39Cr 1.62TCr
Net income 3.47Cr 2.99Cr 2.81Cr 2.56Cr 4.8Cr 330.49Cr 4.82Cr 33Cr 13Cr 168.37Cr 13Cr 13Cr 533.39Cr 4.32Cr 3.72Cr 3.5Cr 3.19Cr 5.97Cr 411.3Cr 5.99Cr 42Cr 16Cr 209.54Cr 16Cr 16Cr 663.82Cr
Net Debt -72Cr -62Cr -59Cr -53Cr -100.08Cr -6.89TCr -100.48Cr -695.76Cr -268.91Cr -3.51TCr -272.07Cr -266.15Cr -11TCr -42Cr -36Cr -34Cr -31Cr -58Cr -3.99TCr -58Cr -402.89Cr -155.71Cr -2.03TCr -157.54Cr -154.12Cr -6.44TCr
Logo MACATAWA
Macatawa Bank Corporation is a bank holding company of its subsidiary, Macatawa Bank (the Bank). The Bank offers a range of banking, retail and commercial lending, wealth management and e-commerce services to individuals, businesses and governmental entities. It operates a network of approximately 26 full-service branch offices providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, Michigan. It offers loan products to business customers, including commercial and industrial and commercial real estate loans, construction and development loans, and multi-family and other non-residential real estate loans. It also offers loans products to retail customers, such as residential mortgage and consumer loans. It offers a range of deposit services, including checking accounts, savings accounts and time deposits of various types. It also offers trust services, which includes personal trust and retirement plan services.
Employees
314
Sector
Banks
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